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Strategies & Market Trends : Speculating in Takeover Targets
CTG 8.260-1.7%Jan 19 2:35 PM EST

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From: richardred1/18/2017 12:39:51 PM
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New buy today upon the recent big drop- SNAK- INVENTURE FOODS INC It's been on my watch list since the company put itself under strategic review. The company is still loosing money and the CEO just left for Del Monte. IMO a perfect time for the in coming CEO to bring value to shareholders. A couple products I actually use. The Nathans Onion rings & The TGIF potato skins. After all Super Bowl Sunday is coming up. IMO the company made a corporate identity mistake when it changed it's Name to Inventure foods. This when going from regional branded company to National branded. FWIW I like the past Boulder Canyon acquisition name as a National corporate Brand name. All this while maintaining their more known regional brands.

PR snip in July> Company continuing to pursue value-enhancing initiatives as a standalone company, capital structure optimization, a sale of the Company, a sale of certain assets of the Company or other business combination.

P.S. I'm seeing the company as to small a player to compete with the big boys. Perhaps an old Favorite LNCE, might be ready for another acquisition? I can see Cape Cod chips fitting in quite nicely with Boulder Canyon and other regional brands.
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